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Cash

£7.6M

+179.4% vs 2023

Net assets

-£22M

-54.5% vs 2023

Employees

30

-33.3% vs 2023

Profit before tax

-£6.8M

+44.4% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31 Δ vs prior
Turnover £28,871,491£27,904,130 -3.4%
Operating profit -£2,585,576-£3,241,020 -25.4%
Profit before tax -£12,324,953-£6,849,132 +44.4%
Net profit -£11,703,036-£7,532,565 +35.6%
Cash £2,713,975£7,581,637 +179.4%
Total assets less current liabilities £64,696,595-£16,985,487 -126.3%
Net assets -£14,450,661-£22,322,116 -54.5%
Equity -£14,150,577-£20,357,479 -43.9%
Average employees 4530 -33.3%
Wages £2,068,840£1,959,079 -5.3%
Members' remuneration £338,890£338,890 0%

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Operating margin -9.0%-11.6%
Net margin -40.5%-27.0%
Return on capital employed -4.0%
Current ratio 7.81x0.83x
Interest cover -0.83x-0.89x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
PKF Smith Cooper Audit Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Having considered all relevant factors, including contracted proceeds, ongoing negotiations on further land parcels, and continued lender support, the Management Committee is confident that the Group has adequate financial resources to meet its liabilities as they fall due for at least twelve months from the date of signing these financial statements. Accordingly, the going concern basis has been adopted in preparing the annual financial statements.”

Group structure

  1. ALTERX LIVING UK LLP · parent
    1. Alterx Living Limited 100% · Holding Company
    2. Cora Homes Limited 85% · Property Development
    3. Barwood Adderbury Management Company Limited 54.4% · Dormant Company
    4. Barwood Homes (Broadnook) Commercial Limited 85% · Property Development
    5. Barwood Homes Broadnook Limited 85% · Property Development
    6. BH Tackley LLP 61.6% · Property Development
    7. Cora Projects Limited 85% · Property Development
    8. BH Stoke Golding Property LLP 42.5% · Property Development
    9. BH Sutton Limited 85% · Property Development
    10. BH Woodville Limited 85% · Property Development
    11. Zen Housing 3 LTD 100% · Dormant Company
    12. Zen Housing 2 LTD 100% · Dormant Company
    13. Zen Living Management Limited 100% · Property Development
    14. The Old Sawmills Management Company Limited 85% · Dormant Company
    15. Eagles Edge Management Company Limited 85% · Dormant Company
    16. Anstey Management Company Limited 85% · Dormant Company
    17. Gilden Green Management Company Limited 85% · Dormant Company
    18. Sherington Grange Management Company Limited 85% · Dormant Company
    19. Little Rushes Management Company Limited 85% · Dormant Company
    20. Romney Meadows Management Company Limited 85% · Dormant Company
    21. Shipston Road Alderminster Management Company Limited 85% · Dormant Company
    22. Storkit Meadows Management Company Limited 85% · Dormant Company
    23. Strancliffe Gardens Management Company Limited 85% · Dormant Company
    24. Cora Properties Limited 85% · Property Development
    25. Cherwell Rise Management Company 61.6% · Dormant Company

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

2 active · 1 resigned

Name Role Appointed Born Nationality
BROADHEAD, Bertram Richard LLP Designated Member 2022-03-16 Jun 1983
WALSH, Thomas Edward LLP Member 2022-03-16 Jun 1977
Show 1 resigned officer
Name Role Appointed Resigned
RIDDLE, Ellison James John LLP Member 2022-03-16 2025-04-30

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Thomas Edward Lockyer Walsh Individual Voting 25–50% (LLP), Surplus assets 25–50% (LLP) 2022-03-16 Active
Mr Bertram Richard Broadhead Individual Voting 25–50% (LLP), Surplus assets 25–50% (LLP) 2022-03-16 Active

Filing timeline

Last 20 of 23 total filings

Date Type Category Description
2026-04-13 LLCH01 officers Change person member limited liability partnership with name change date PDF
2026-04-03 LLPSC04 persons-with-significant-control Change to a person with significant control limited liability partnership PDF
2026-04-03 LLCH01 officers Change person member limited liability partnership with name change date PDF
2026-03-31 LLCH01 officers Change person member limited liability partnership with name change date PDF
2026-03-31 LLPSC04 persons-with-significant-control Change to a person with significant control limited liability partnership PDF
2026-03-31 LLCH01 officers Change person member limited liability partnership PDF
2026-03-30 LLCH01 officers Change person member limited liability partnership with name change date PDF
2026-03-30 LLPSC04 persons-with-significant-control Change to a person with significant control limited liability partnership PDF
2026-03-30 LLPSC04 persons-with-significant-control Change to a person with significant control limited liability partnership PDF
2026-03-30 LLCH01 officers Change person member limited liability partnership with name change date PDF
2026-03-18 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2026-03-03 LLAD01 address Change registered office address limited liability partnership with date old address new address PDF
2025-12-27 AA accounts Accounts with accounts type group
2025-05-07 LLTM01 officers Termination member limited liability partnership with name termination date PDF
2025-03-20 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-08 AA accounts Accounts with accounts type group
2024-03-30 AA accounts Accounts with accounts type group
2024-03-15 LLCS01 confirmation-statement Confirmation statement with no updates PDF
2023-12-20 LLAA01 accounts Change account reference date limited liability partnership previous shortened PDF
2023-03-15 LLCS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
13

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page